About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Airbnb (ABNB) reported adjusted earnings of 86 cents per share for second-quarter 2024, which declined 12.2% year over year. The bottom line missed the Zacks Consensus Estimate by 6.5%.Revenues of $2.75 billion increased 11% on a reported basis, as well as on an FX-neutral basis, year over year. The top line lagged the Zacks Consensus Estimate by 0.1%.The year-over-year increase was driven by driven by the growth of nights stayed on the platform. Continuous improvement in the Nights and Experiences Booked m ...

Airbnb Inc ABNB shares tanked in early trading on Wednesday, after the company reported downbeat second-quarter earnings.The results came amid an exciting earnings season. Here are some key analyst takeaways. Check out other analyst stock ratings.JPMorgan: Airbnb's second-quarter results came broadly in-line with expectations, Anmuth said in a note. He added, however, that growth investments began weighing on margins and the company's adjusted EBITDA margins contracted by around 50 basis points (bps) year-o ...

Key TakeawaysAirbnb shares tumbled Wednesday, a day after warning about slowing U.S. demand in its second-quarter earnings report.Airbnb said it expects a "sequential moderation" in year-over-year booking growth.The vacation rental provider also missed quarterly profit estimates. Airbnb (ABNB) shares sank Wednesday, a day after the vacation rental firm missed second-quarter profit forecasts and warned about slowing demand in the U.S. The company posted earnings per share (EPS) of $0.86, $0.06 below the aver ...

Airbnb Inc (NASDAQ:ABNB) stock is down 14.4% to trade at $111.64 at last check, brushing off better-than-expected revenue for the second quarter after the company's profits fell 15%, missing estimates despite rising bookings amid higher income taxes.The results ushered no fewer than 13 price-target cuts, including one from Deutsche Bank to $90 from $144. Analysts are hesitant toward ABNB, with 24 of the 36 in coverage calling it a tepid "hold" or worse. Airbnb stock could mark its biggest single-day percent ...

The stock market has been on a whipsaw in the past few trading days. As the so-called “Carry Trade” is now unwound in Japan after that country’s central bank hiked interest rates, the bottom for the S&P 500 is now further away than most had initially thought. Of course, when markets sell off, they don’t take any prisoners, and even stocks with strong fundamentals get dragged down.Airbnb TodayABNBAirbnb$111.75 -18.72 (-14.35%) 52-Week Range$111.00▼$170.10P/E Ratio14.96Price Target$153.58Add to WatchlistOne o ...

Investors should be looking to buy wonderful businesses at good prices.In this video, I will go over Airbnb's (ABNB 4.12%) second-quarter earnings report and explain why this might be a great opportunity for long-term investors to pick up shares as the stock drops.*Stock prices used were from the trading day of Aug. 6, 2024. The video was published on Aug. 6, 2024. ...

Jessie Casson Airbnb (NASDAQ:ABNB) reported solid second quarter results, but the stock continues to fall as investors digest the company’s slowing growth and declining margins, along with the rising probability of an economic contraction. While I believe that Airbnb has a strong business and that the stock should do fairly well longer term, I have been negative about the company’s short-term prospects due to the fading of pandemic related tailwinds. Airbnb’s business has a lot of inherent leverage, whi ...

Airbnb could buy back over 10% of its stock immediately.Airbnb (ABNB 4.12%) has built a massive cash position that is generating nearly $1 billion in interest annually. But it could also be used to buy back the company's stock. In this video, Travis Hoium goes through the potential impact a buyback would have on Airbnb's shares.*Stock prices used were end-of-day prices of Aug. 6, 2024. The video was published on Aug. 6, 2024. ...

Airbnb has seen shorter booking lead times in recent weeks, with customers around the world booking their accommodations closer to their expected time of arrival.A growing share of customers are booking just days or a couple of weeks in advance, Airbnb executives said Tuesday (Aug. 6) during the company’s quarterly earnings call.This trend first appeared in July and has grown strong since then, after a first and second quarter in which the lead times were basically the same as what Airbnb saw a year earlier ...